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Updated over 15 years ago,

User Stats

3,208
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1,439
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Nick J.
  • Residential Real Estate Broker
  • Payson, AZ
1,439
Votes |
3,208
Posts

Secured Business CC

Nick J.
  • Residential Real Estate Broker
  • Payson, AZ
Posted

So I've got a question that may have already been answered. I quickly skimmed through the category and didn't see what I was looking for.

I want to create/open a secured business credit card for my business, specifically the new entity I'm creating in Missouri. Put 5k on it and use it for expenses. I called the local bank I plan on using there in Joplin and ask them if they offer secured business cards and they said no, it must unsecured.

Does anyone know of a secured CC company like a CaptialOne or something similar that you can create a secured business card or am I way off base here?

My main reasoning is to use the card for small home repair items and rental car, little stuff. I know I could apply for a home depot card and all that but instead of immediately tying everything to my personal name I'd like to start building business credit at the same time.

Does that make sense? any thoughts or specific help would be great

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